Topic: Shut up and wait 5 years.... If it is what we think it is, it will be. - page 3. (Read 4408 times)

Most people won't wait for years, not even 3 for prices to rise. Crypto currencies can be risky with that high time period.

I would personally hold for 1 year or max 2 years.

$100K ~ 1M.

good idea, waiting for 5 years

approximately how many dollars the price of 1 BTC five years from now? 

And if everyone holds onto their BTC, What makes you think the value of BTC will go up if no one is spending them at all? If theoretically, everyone held onto it, the value would stay the same or even decrease.

Shut up and wait 5 years sounds a little off to me. For so many reasons 

You got awesome faith man.  So sad the story is playing out like this. 

I for now disagree. Blockchain technology is far more important than bitcoin and it price…

Used it, i secure it but I know at night while i sleep there ways possibly for people to gain access to my keys

Yes I think next years will be determinant for bitcoin future
I hope they are as good as previous years
trust in bitcoin keeps increasing day per day

Speaking in real terms. People did sell at 1200. Since then, its been down hill. Not sure what you are getting at.

Regardless of position they will be able see the price in 5 years regardless if they have a position.

most people will sell at 1k or 2k so they will never see the price in 5 years 

It was made when The Bernank was supposedly in charge of….. whatever he claims the Federal Reserve is…. The magical growth machine that was but isn't...

The Federal Reserve at this point is a liquidity machine. Which is important to the everyday functioning of the banking system that makes the world go around. It is a very broken, incredibly imperfect machine, that works and supports a very small but hard core group of very powerful extremist.... (i am going some where with this rant, but you will still be ready to be confused by the end wondering; "okay, so what exactly was his point")

If the trends of the past 1000 years continue, we should be a space faring specie in the next 50-200 years, and most of these giant crises we see ATM in the world will be dealt with accordingly.

Should ISIS in the Greater Syria decide to back bitcoin, will you agree to convert to Islam or have your head chopped off, and or be willing to convert and do the dirtywork of ISIS so you can have your bitcoin...

Bitcoin sure does allow us to do some CRAZY mental leaps and gymnastics.

A lot of you are arrogantly confident this thing is slam dunk. If the gov't fucks up, you are going to have a lot more to worry about than bitcoin and its price.

Ron paul made a short video new flash sort of thing a couple weeks ago talking about the price of gold and how it is up 300% in the past decade or so, even though its down 50% for the year. And we all know gold does

In manipulated markets like these, in the short run(mtgox), you will not have natural price findings. But in the long run, you will.

 At the core what I have learned is you aint got shit if you do not have fertile land, water supply, a way to protect it, or food. <--- this is at the core what bitcoin has taught me. That is your basic needs met. #finshaggy

Beyond that you can begin creating other forms of wealth. WEALTH takes on many forms, FYI. Have all the money in the world and zero close friends, you are no good. Or in Robbin Williams case, You can have all of that and it will still not be enough you do not have your mind figured out. Back to the wealth of the mind.

And if you have little to contribute mind wealth wise to bitcoin, own some, hold them, but go do what makes you happy. Go do some community service if you have the time, build the wealth of the community. Build relationships. IDK, just suggestions if any of you are un-happy.

I have devoted a lot time, money, etc to bitcoin, but when I study the macroeconomic picture as i have been for the bulk of my adult life, which is not much compared to older men.

Why are bit coiners 99.95% men? The list of reasons as to why I think some of you are soo hopefully arrogant and you think this thing is in the bag, you are wrong. I urge most of you to go find a job you love doing. In relative terms bitcoin is doing great and probably has never been doing better, but the effort required to climb mount everest will not compare to what is going to be required to make bitcoin work securely,

If the dollar fails, what is a bitcoin worth? Oh darn… didn't think of that…. Back to the, you will have much bigger issues to sort out than you bitcoin.

I just had to post here because the OP's username cracked me up 

i'm actually excited about this!, fiat vs bitcoin is the war that i want to see, i'm really curious about what attack they will choose

Maybe it should say:

"TUHS PU and wait 5 years" if people are into the HODL thing.  ;-)

5 years? why 5 five years? Bitcoin will probably take a lot longer than that to make it worth while to sell or even keep the main objective is to get it to become main stream isn't it and not just to get rich quick and cash out in fiat.

I do what I want!!!!!

I'll wait 5 years BUT I WILL NOT BE SILENCED!!!!

YOU will never silence me!!  ...  but I don't have anything to say... lol

Haha, sticky this thread.
Even just the title is enough.
You could put it in the page header.

im holding until retirement which will be for me about 20 years